WORLD BANK EXPECTS SUDAN TO RECORD 3.1 PCT GDP GROWTH IN 2019
KHARTOUM, The World Bank says it expects Sudan’s Gross Domestic Product (GDP) to expand by 3.1 per cent next year in line with its forecast for countries in sub-Saharan Africa.
The World Bank, in its June report, said Sudan’s GDP would continue to grow for the coming two years, going up from the current year’s 2.6 per cent to 3.1 per cent next year and to 3.5 per cent in 2020.
The Bank attributed this to the increase in mineral production, stability in the processing of minerals which will boost the economic activities in mineral exporting countries, improvement of agricultural conditions and investment in infrastructure in the whole region.
Source: Nam News Network